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In the article, we list every penny the Dolphins have spent on the 2012 cap so far — from the $12.8 million cap number of Jake Long to the $667 they are charged against the cap for Phillip Livas, who was on the team for one day last year (but not including newly-signed Jerome Messam). It’s important to remember that the Dolphins will be able to clear space by restructuring contracts and cutting several players. But they also have to sign one or two impact free agents, a rookie draft class and perhaps up to four restricted free agents.

Overall, the Dolphins are in decent shape heading into the offseason. They have a lot of money committed to current players, but Jeff Ireland has enough wiggle room with the salary cap to find everything he needs — particularly a franchise QB.

Five Players Who May Be Forced To Re-negotiate Their Contracts
WR Brandon Marshall: $11,350,000 salary cap number
LB Karlos Dansby: $11,325,000
SS Yeremiah Bell*: $6,200,000
DE Randy Starks*: $5,000,000
DE Tony McDaniel*: $4,157,500*Entering final year of contract